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Wonderbound

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 841223229 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Wonderbound?

Wonderbound is a nonprofit organization situated in Denver, Colorado, specifically at 3824 Dahlia Street. The team consists of 12 talented dancers from various parts of the country, who collaborate to create innovative and accessible artistic productions. Each season, Wonderbound offers four such productions, reaching over 8,000 individuals from diverse backgrounds. The organization extends this opportunity to underserved populations by providing them with free tickets. Wonderbound's mission is to strengthen the human connection through unconventional explorations in dance, creation, and discovery. This nonprofit is dedicated to fostering a community that values artistic richness and accessibility. The dancers are compensated equally, with a weekly salary of $950 and an annual contract of 39 weeks. Wonderbound also offers comprehensive health insurance coverage for its employees, covering 95% of the costs. In addition to its artistic endeavors, Wonderbound has been granted Enterprise Zone status by the state of Colorado for capital contributions. This recognition provides financial incentives for donors, including a 25% state tax credit for cash donations and a 12.5% tax credit for stock donations. With a workforce of 48 individuals, Wonderbound continues to contribute to the cultural landscape of Denver and beyond by promoting dance as a means of fostering unity and human connection.


Official website here: www.wonderbound.com

What are the reviews and ratings of this charity?

Charity Navigator Rating 95% - Four-Star out of Four Star rating

Wonderbound has achieved a remarkable 95% score, reflecting its strong performance in accountability, finance, and leadership. With a perfect score of 100 in leadership and adaptability, the organization demonstrates exceptional governance and strategic direction, which are crucial for maintaining trust and effectiveness in nonprofit operations.

The charity exhibits a high level of financial responsibility, as indicated by a program expense ratio of 72.95% and a fundraising efficiency ratio of just $0.02. These metrics show that a significant portion of funds is directed towards programs rather than administrative costs. Furthermore, Wonderbound has a robust financial health indicator with a liabilities to assets ratio of 30.17%, ensuring sustainability and operational flexibility.

Despite its many strengths, the data does not highlight any specific limitations or challenges faced by Wonderbound. Overall, the organization’s commitment to ethical practices, independent governance, and effective resource management suggests it is well-equipped to fulfill its mission and serve its community effectively.


This AI summary has been generated from information found on Charity Navigator.

Is Wonderbound legitimate?

Wonderbound is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wonderbound submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $171,450
Professional Fundraising Fees: $0
Other Salaries and Wages: $798,706

For more financial information, click here


Official website here: www.wonderbound.com

What is the mission statement of Wonderbound?

Wonderbound utilizes dance as a medium to foster a stronger shared human connection, achieving this through unique exploration and creation endeavors. Their mission is geared towards deepening this common bond among people. The organization presents four innovative dance productions annually, serving over 8,000 individuals across various demographics. They also offer free tickets to underprivileged communities. The team, comprising twelve exceptional dancers from across the country, is dedicated to creating artistically rich and highly accessible original artistic experiences. Wonderbound ensures equal pay for its dancers, offering $950 per week and a 39-week annual contract. Additionally, the organization provides health insurance for all its employees and covers 95% of the associated costs. Wonderbound has been granted Enterprise Zone status by Colorado, providing donors to their capital campaign with state tax credits of 25% for cash donations and 12.5% for stock donations.


Official website here: www.wonderbound.com

Who is the CEO of Wonderbound?

Dawn Fay Ammon is the Chair of Wonderbound.


Official website here: www.wonderbound.com

What is the revenue of Wonderbound?

Wonderbound's revenue in 2023 was $5,670,264.


Official website here: www.wonderbound.com

Who are the executives of Wonderbound and what are their salaries?

The average compensation at Wonderbound during 2023 was $20,212. There are 48 employees and 45 volunteers at Wonderbound.


Here are 22 key members and their salaries:


Julie Wolf (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Byrd (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Aragon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Bloser (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelley Bergmann (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Cain (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meme Callnin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Chang (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jo Deziel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerome Kern (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerry Jamison (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Florence Levy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Popiel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Rhine (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Ryerson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cassidy Smirnow (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelli Strother (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen Van Scoy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amelia Yaros (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn Fay Ammon (President)
  • Compensation: $63,692
  • Related: $0
  • Other: $9,004
David Lohr (Cfo)
  • Compensation: $35,815
  • Related: $0
  • Other: $0
Garrett Ammon (Artistic Director)
  • Compensation: $63,692
  • Related: $0
  • Other: $6,402


Official website here: www.wonderbound.com

Where can I find the form 990 for Wonderbound?

Wonderbound's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.wonderbound.com

Learn more at the official website: www.wonderbound.com

Mission Statement of Wonderbound

Wonderbound, a renowned nonprofit organization, utilizes dance as a powerful medium to strengthen the shared human bond. Through uncommon endeavors of discovery and creation, Wonderbound aims to deepen this connection. The organization's mission is to leverage dance as a tool for fostering understanding and unity among diverse communities.

Each season, Wonderbound presents four innovative productions to its community, serving over 8,000 individuals from various backgrounds. Recognizing the importance of inclusivity, the organization offers free tickets to underserved populations. Comprised of twelve exceptional dancers from across the nation, Wonderbound is dedicated to developing original artistic experiences that are both intellectually stimulating and widely accessible.

Wonderbound's dancers are compensated equally, with each receiving $950 per week and a 39-week annual contract. Moreover, the organization extends health insurance coverage to all its employees, covering 95% of the associated costs. To further demonstrate its commitment to its employees, Wonderbound has been granted Enterprise Zone status by the State of Colorado for capital contributions. This status allows donors to Wonderbound's capital campaign to claim a state tax credit of 25% for cash donations and 12.5% for stock donations.

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Impact




July, 2024

Wonderbound's impact is evident through its use of dance to deepen humankind's common bond through uncommon endeavors of discovery and creation. With four innovative productions each season, Wonderbound reaches over 8,000 individuals from various constituencies annually. Furthermore, the organization provides free tickets to underserved populations, ensuring accessibility to its art.

The twelve exemplary dancers from across the country are paid equally at $950 per week with a 39-week annual contract and provided with health insurance, showcasing Wonderbound's commitment to supporting its employees. In addition, the organization has been granted Enterprise Zone status by the state of Colorado for capital contributions, offering donors tax incentives for supporting Wonderbound's capital campaign. This demonstrates Wonderbound's financial sustainability and strategic approach to funding and growth.




This information is meant to be a general summary of Wonderbound. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$5,670,264 (2023)
Expenses
$1,920,439 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: -$13,870
  • Program Service Revenue: $345,318
  • Gross Receipts: $5,697,339

Assets and Liabilities:

  • Total Assets: $8,319,467
  • Total Liabilities: $2,510,734
  • Net Assets: $5,808,733

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADMISSIONS

Revenue

$309,301

Organization Details

Founding Year

1992

Principal Officer

Dawn Fay Ammon

Main Address

3824 DAHLIA STREET, DENVER, CO, 80207

NTEE Category

Code: A63 - Arts

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